Use a Crisis to Better Your Business
Ongoing uncertainty can be paralyzing. But it doesn’t have to be. You now have experience navigating a pandemic and the data to back it up.
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Ongoing uncertainty can be paralyzing. But it doesn’t have to be. You now have experience navigating a pandemic and the data to back it up.
A deferred sales trust can help defer capital gains taxes. It must be set up prior to a sale. And timing isn’t as strict as a 1031 Exchange.
This is the story of Lee Richter and her veterinarian husband acquiring Montclair Vet, and growing from 3,000 to 25,000 customers.
A new category of business people are asking us about are “essential” businesses, who had possibly their best year in 2020.
2020 has been one for the books. We’ve also learned a lot, and we want to share some of those thoughts with you in these final weeks of 2020.
There are many reasons deals can fall apart, some of which are too crazy to be believed. We want to discuss three of them.
It’s important to remove yourself from the scaffolding of your business so that your company can survive in your absence. Have systems!
The truth is that we’re always looking to add to our inventory of listings. But that doesn’t mean we’ll take every listing that comes our way.
If you don’t understand your books, you don’t understand your business. The choice between cash and accrual accounting is important.
As we end 2020, there might be owners feeling pressure to sell now and buyers in the market looking for a particularly good opportunity.
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